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AlexFokin [52]
3 years ago
8

Given the following information, calculate the capitalization rate for the following apartment complex:

Business
1 answer:
RSB [31]3 years ago
8 0

Answer:

Collections per month  = 11,250

Monthly rate = 0.0066

Annual rate = 8.1%

Explanation:

Calculations of capitalization rate for the following apartment complex are as follows:

Collections per month is calculated as = 1000*15*(1 - 0.10-0.05-0.10) = 11,250

Monthly rate is calculated as= 11,250/1,710,000 = 0.0066

Annual rate is calcuated as = (1 + 0.0066)^12 - 1 = 8.1%.

Hence ,Collections per month are 11,250  ,Monthly rate is 0.0066  and annual rate is 8.1%

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2 years ago
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2 years ago
The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
dmitriy555 [2]

Answer:

P = $ 45833.33

Explanation:

Given data:

interest amount = $11,000

time = 4 year

interest rate = 6%

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simple interest = PRT

11000 = P\times 0.06\times 4

solving for Principal amount P,

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3 years ago
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Answer:

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